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PHP 12,500,000

EXCITING INVESTMENT OPPROTUNITY PANGLAO BOHOL. 3 RENTAL PROPERTIES FOR SALE


  • Transaction Type: For Sale By Owner
  • Foreclosed: No
  • Property Address: LOOC, PANGLAO
  • Country: Philippines
  • Zip/Postal Code: 1634
  • Bedroom: 3
  • Bathroom: 3
  • Floor Area: 120
  • Lot Area: 356
  • Mobile / Contact Number(s): 09177082920 /09177018677
U3   Exterior 1

Property Description

We are offering three x 1-bedroomed rental units for sale, set on a 1st lot of 356 sqm adjacent to a Brgy road and the access road to Momo Beach, in Looc, Panglao. This is an area, which is under tourist development, so this is an ideal time to buy in before prices escalate. Very close to Panglao centre and just 10 mins drive to Alona beach.

The 2 new units were finished in September 2019 and the 3rd totally refurbished at the same time. Each has a bedroom with ensuite bathroom which has large shower area and hot shower; open plan living are with fitted kitchen, built in gas hob and wall cabinets; sofa large wall mounted TV and dining area; outside permanent circular concrete seating and table with parasol plus washing facilities. There is ample off-street parking at the front of the properties on lot owned land.

The units have their own deep well water and available connection to the new Panglao water supply when operational.

This investment would be ideal for anyone wishing to benefit from the up-coming development of the Momo Beach area, or for someone wishing to use one unit to live in and enjoy rental income from the other 2 units.

All 3 units are currently offered for long term rental at P20k – P25k per month giving a possible annual income from all 3 units of approximately P800k to P900k, although short term letting could more than double the income.

We are asking sensible offers P12m for the lot, 3 units including contents and rental business.

Mobile / Contact Number(s): 09177082920 /09177018677



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PROPERTY SUMMARY

This real estate property is located at LOOC, PANGLAO, Philippines. It was listed on PropertySamurai.com for PHP 12500000.

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